China will charge an extra 55 per cent tariff on Brazilian beef from Thursday after Brazil filled its import quota for the year and has not agreed to let Brazilian exporters use the unfilled quota of neighbouring Uruguay, industry sources said.
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September 30, 2026 at 6:07 PM
China slaps 55% tariff on Brazilian beef, rebuffs bid to borrow Uruguay’s quota
SCMP China
Excerpt from SCMP China.